Foundation Ventures
23a Ismail Mohamed Street El Zamalek, Cairo, Al Qahirah, Egypt
Overview
Early-growth stage venture capital fund supporting industry-defining compan
Founded
2018
Deals ยท 12mo
3
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
Prolo | Jul 2026Participated | $6 MSeed | |
Flextock | Feb 2026Participated | $13 MSeries A | |
Aydi | Oct 2025Participated | $8 MSeed | |
OpenFi | Jul 2024Participated | $0.63 MSeed | |
Swypex | May 2024Participated | $4 MSeed | |
Canopy | Oct 2023Led | $15 MSeries A | |
Framer | Oct 2023Participated | $27 MSeries C | |
Commonplace | Jun 2023Participated | $3 MOther Equity | |
Kenzz | Oct 2022Participated | $4 MSeed | |
Arcade | Sep 2022Led | $8 MSeed | |
The Fashion Kingdom | Jul 2022Participated | $3 MSeed | |
Fluence | Feb 2022Participated | $3 MSeed | |
Prolo | Jul 2026Participated | $6 MSeed | |
Flextock | Feb 2026Participated | $13 MSeries A | |
Aydi | Oct 2025Participated | $8 MSeed | |
OpenFi | Jul 2024Participated | $0.63 MSeed | |
Swypex | May 2024Participated | $4 MSeed | |
Canopy | Oct 2023Led | $15 MSeries A | |
Framer | Oct 2023Participated | $27 MSeries C | |
Commonplace | Jun 2023Participated | $3 MOther Equity | |
Kenzz | Oct 2022Participated | $4 MSeed | |
Arcade | Sep 2022Led | $8 MSeed | |
The Fashion Kingdom | Jul 2022Participated | $3 MSeed | |
Fluence | Feb 2022Participated | $3 MSeed |
Insights
Time horizon
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Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Seed | 2 | 9 |
| Series A | 1 | 3 |
| Series C+ | 0 | 1 |
| Other Equity | 0 | 2 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Feb '21 | 1 |
| Mar '21 | 1 |
| Apr '21 | 0 |
| May '21 | 1 |
| Jun '21 | 1 |
| Jul '21 | 0 |
| Aug '21 | 1 |
| Sep '21 | 1 |
| Oct '21 | 0 |
| Nov '21 | 0 |
| Dec '21 | 0 |
| Jan '22 | 0 |
| Feb '22 | 1 |
| Mar '22 | 0 |
| Apr '22 | 0 |
| May '22 | 0 |
| Jun '22 | 0 |
| Jul '22 | 1 |
| Aug '22 | 0 |
| Sep '22 | 1 |
| Oct '22 | 1 |
| Nov '22 | 0 |
| Dec '22 | 0 |
| Jan '23 | 0 |
| Feb '23 | 0 |
| Mar '23 | 0 |
| Apr '23 | 0 |
| May '23 | 0 |
| Jun '23 | 1 |
| Jul '23 | 0 |
| Aug '23 | 0 |
| Sep '23 | 0 |
| Oct '23 | 2 |
| Nov '23 | 0 |
| Dec '23 | 0 |
| Jan '24 | 0 |
| Feb '24 | 0 |
| Mar '24 | 0 |
| Apr '24 | 0 |
| May '24 | 1 |
| Jun '24 | 0 |
| Jul '24 | 1 |
| Aug '24 | 0 |
| Sep '24 | 0 |
| Oct '24 | 0 |
| Nov '24 | 0 |
| Dec '24 | 0 |
| Jan '25 | 0 |
| Feb '25 | 0 |
| Mar '25 | 0 |
| Apr '25 | 0 |
| May '25 | 0 |
| Jun '25 | 0 |
| Jul '25 | 0 |
| Aug '25 | 0 |
| Sep '25 | 0 |
| Oct '25 | 1 |
| Nov '25 | 0 |
| Dec '25 | 0 |
| Jan '26 | 0 |
| Feb '26 | 1 |
| Mar '26 | 0 |
| Apr '26 | 0 |
| May '26 | 0 |
| Jun '26 | 0 |
| Jul '26 | 1 |
| Aug '26 | 0 |
| Sep '26 | 0 |
| Oct '26 | 0 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| E-Commerce & Retail | 7 |
| Fintech | 4 |
| Transportation & Logistics | 3 |
| Education & Workforce | 2 |
| Enterprise Software | 2 |
| Real Estate & Construction | 2 |
| Consumer & Lifestyle | 2 |
| Networks, Cloud & Communication | 2 |
| AI & Machine Learning | 2 |
| Cybersecurity & Privacy | 1 |
| Clean Energy & Sustainability | 1 |
| Health & Life Sciences | 1 |
| Food & Agriculture | 1 |
| Developer Tools | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 8 |
| $5M-$10M | 4 |
| $10M-$25M | 3 |
| $25M-$50M | 3 |
| $50M-$100M | 0 |
| $100M-$250M | 0 |
| $250M-$500M | 0 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 4 of 4 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| Egypt | 9 |
| United States | 5 |
| Europe | 3 |
| Jordan | 1 |
Co-Investors
Bubble size = shared deals
Click a bubble to open that fund in a new tab.
Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.
| Co-investor | Shared deals |
|---|---|
| MSA Capital | 3 |
| Accel | 2 |
| Access Bridge Ventures | 2 |
| Algebra Ventures | 2 |
| Alter Global | 2 |
| B&Y Venture Partners | 2 |
| JIMCO | 2 |
| The Raba Partnership | 2 |
| 4DX Ventures | 1 |
| A15 | 1 |
| Accion Venture Lab | 1 |
| Anamcara | 1 |
| Andreessen Horowitz | 1 |
| Atomico | 1 |
| Baroda Ventures | 1 |
| BECO Capital | 1 |
| Beringea | 1 |
| BoxGroup | 1 |
| Cairo Angels | 1 |
| Canaan Partners | 1 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 3 | 17% |
| Participating | 15 | 83% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 0 | 0% |
| Co-led | 3 | 100% |